The dollar hit a new one-month low versus the euro and a 2 1/2-year trough to sterling as weak U.S. data bolstered the case for deeper rate cuts.
The raft of new measures aims to jumpstart the economy amid a yearslong property downturn, muted consumer demand, and high youth unemployment.
Gold, traditionally perceived as a haven, has climbed roughly 30% this year, outperforming the benchmark S&P 500 index’s 20% ...
The Indonesian rupiah strengthened against the US dollar while gold prices hit a record high of $2,670 per ounce ...
Hong Kong and Shanghai extended gains Wednesday as China announced another interest rate cut the day after unveiling a series ...
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
China's central bank has shifted to a more aggressive easing stance, but its policy weapons don't have the key enemy to ...
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
China's central bank on Wednesday said it would slash another key interest rate, a day after it unveiled a raft of new ...
China’s central bank lowered the interest rate charged on its one-year policy loans while net withdrawing liquidity via the ...
The People’s Bank of China delivered another policy rate cut, a day after announcing a slew of monetary easing measures to ...
Pan Gongsheng, governor of the People's Bank of China, the nation's central bank, said at a news conference on Tuesday that ...